Triple figure growth for Wrisk
Insurtech Wrisk recorded its third year of consecutive, significant revenue growth, for 2024.
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FY revenue results point to 142% Growth YoY
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Customer Base grows to c.80k
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UK business posts positive EBITDA
Wrisk CEO Nimeshh Patel commented: “Our continued growth trajectory reflects our growing market share, driven by positive traction as it signs up more brands in the UK. We’ve stayed lean and agile, zeroing in on what is useful – not what is trendy – to bring to market future-proof digital insurance solutions that adapt to meet the changing needs of our partners.
“It is this flexibility that sets our technology apart. Our strategy has always been to take a ‘listen-first’ approach, quietly developing our capabilities to truly meet their requirements. As we look forward, we see further opportunities on the horizon.”
Its outside-in approach to solving partner objectives and problems has helped Wrisk to deliver solutions through the development of its proprietary platform – and led to numerous new partner wins.
In 2024, Wrisk announced partnerships with Jaguar Land Rover, Volvo and Mercedes-Benz, delivering adaptable technologically-driven solutions to support each partner to drive awareness, and conversion rates and to help sell more cars.